Global Competency-based Education Spending Market 2017-2021

  • ID: 4400164
  • Report
  • Region: Global
  • 74 pages
  • TechNavio
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FEATURED COMPANIES

  • Anubavam
  • BNED LoudCloud
  • D2L
  • Epiphany Learning
  • Instructure
  • Knewton
  • MORE
About Competency-based Education Spending

Competency-based education is a flexible learning method for students. This technique helps them in earning credits based on the knowledge and skills that they already own. It also helps them in acquiring additional skills and knowledge at their own pace. It has gained popularity among learners owing to its affordability and flexible structure. Competency-based education focuses on what students are learning and not on the time they spend in classrooms to earn credits. This creates a self-driven, student-centric learning environment for candidates as they work at their pace to demonstrate mastery or competency essential for a chosen stream or field of study.

The analysts forecast the global competency-based education spending market to grow at a CAGR of 18.10% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global competency-based education spending market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of competency-based education spending.

The market is divided into the following segments based on geography:
  • APAC,
  • Europe,
  • North America,
  • ROW
The report, Global Competency based Education Spending Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • Blackboard
  • D2L
  • Ellucian
  • Instructure
Other prominent vendors
  • Anubavam
  • BNED LoudCloud
  • Cengage Learning
  • Epiphany Learning
  • FlatWorld
  • itslearning
  • Knewton
  • Motivis Learning
  • Pearson
  • Schoology
Market drivers
  • Cost-effective and affordable
  • For a full, detailed list, view the full report
Market challenges
  • Substantial initial set-up costs
  • For a full, detailed list, view the full report
Market trends
  • Importance of learning analytics
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Anubavam
  • BNED LoudCloud
  • D2L
  • Epiphany Learning
  • Instructure
  • Knewton
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Global education technology market
PART 05: Market landscape
  • Global competency-based education spending market
  • Five forces analysis
PART 06: Geographical segmentation
  • Global competency-based education spending market by geography
  • Competency-based education spending market in North America
  • Competency-based education spending market in Europe
  • Competency-based education spending market in APAC
  • Competency-based education spending market in ROW
PART 07: Market segmentation by product
  • Global competency-based education spending market by product
  • Global competency-based education spending market by hardware
  • Global competency-based education spending market by systems
  • Global competency-based education spending market by solutions
  • Global competency-based education spending market by content
  • Global competency-based education spending market by others
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Importance of learning analytics
  • Growing need for experiential learning
  • Evolving learning methodologies
  • Emergence of innovative education solutions
PART 11: Vendor landscape
  • Competitive scenario
  • Competitive benchmarking
  • Growth strategy
PART 12: Key vendor analysis
  • Blackboard
  • D2L
  • Ellucian
  • Instructure
PART 13: Other prominent vendors

PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Key education technology solutions impact: 2015-2022
Exhibit 02: Global competency-based education spending market: Segmentation
Exhibit 03: Global competency-based education spending market 2016-2021 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global competency-based education spending market by geography 2016-2021 (%)
Exhibit 06: Global competency-based education spending market by geography 2016-2021($ billions)
Exhibit 07: Competency-based education spending market in North America 2016-2021 ($ billions)
Exhibit 08: Competency-based education spending market in Europe 2016-2021 ($ billions)
Exhibit 09: Competency-based education spending market in APAC 2016-2021 ($ billions)
Exhibit 10: Competency-based education spending market in ROW 2016-2021 ($ billions)
Exhibit 11: Global competency-based education spending market by product 2016-2021 (%)
Exhibit 12: Global competency-based education spending market by product 2016-2021($ billion)
Exhibit 13: Global competency-based education spending market by hardware 2016-2021 ($ billions)
Exhibit 14: Global competency-based education spending market 2016-2021 ($ billions)
Exhibit 15: Global competency-based education spending market by solutions 2016-2021 ($ billions)
Exhibit 16: Global competency-based education spending market by content 2016-2021 ($ millions)
Exhibit 17: Competency-based education spending market by others 2016-2021 ($ billions)
Exhibit 18: Vendor analysis
Exhibit 19: Key vendors: Strategic initiatives overview
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FEATURED COMPANIES

  • Anubavam
  • BNED LoudCloud
  • D2L
  • Epiphany Learning
  • Instructure
  • Knewton
  • MORE
New Report Released: – Global Competency based Education Spending Market 2017-2021

The author of the report recognizes the following companies as the key players in the global competency-based education spending market: Blackboard, D2L, Ellucian, and Instructure

Other Prominent Vendors in the market are: Anubavam, BNED LoudCloud, Cengage Learning, Epiphany Learning, FlatWorld, itslearning, Knewton, Motivis Learning, Pearson, and Schoology.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Importance of learning analytics. With a significant amount of data shared on the internet, learning analytics is being extensively implemented to gain knowledgeable insights and conduct data-driven critical decision-making. Student analytics with the help of software and solutions such as a student dashboard or a SIS offered by key market vendors, including Ellucian and D2L are anticipated to be used by faculties, administrators, and students to improve learners' competencies and increase student retention.”

According to the report, one of the major drivers for this market is Cost-effective and affordable. Over the last few years, there has been a continuous rise in demand for competency-based education owing to its affordability and cost-effectiveness. For educational institutions, it is cost effective to develop learning programs that are based on the competency-based education model. Since competency-based education models involve micro-learning, it is even more affordable for individual learners compared with traditional courses. An alternative price model includes credits for prior learning that helps in accelerating the learning process.

Further, the report states that one of the major factors hindering the growth of this market is Substantial initial set-up costs. Competency-based education cannot be conducted efficiently unless sound infrastructure and solutions or software are available for teachers, faculty members, and institutions. Schools and universities having sufficient funds can spend on setting up a learning environment for the successful implementation of the competency-based education model. These schools are collaborating with various market vendors to purchase hardware, software, systems, content, and other solutions, allowing the creation of immersive learning environment for students, teachers, administrators, and other stakeholders.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Blackboard
  • D2L
  • Ellucian
  • Instructure
  • Anubavam
  • BNED LoudCloud
  • Cengage Learning
  • Epiphany Learning
  • FlatWorld
  • itslearning
  • Knewton
  • Motivis Learning
  • Pearson
  • Schoology
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